ECONOMY
Kenan Yavuz: 35 percent of construction of Star refinery completed
Baku, November 4, AZERTAC
“Some 35 percent of work to build Star refinery in the territory of "Petkim Petrochemical Holding" in Turkey's Izmir has been completed,” Kenan Yavuz, head of the SOCAR Turkey Enerji has said.
According to him, some $2.1 billion has been invested in the construction of the refinery so far.
A foundation stone for Star refinery was laid by Azerbaijani President Ilham Aliyev and the then Turkish Prime Minister, incumbent President Recep Tayyip Erdogan in 2011.
SOCAR owns 61.32 percent of shares of the PetkimPetroKimya Holding which is the biggest assets of SOCAR in Turkey. SOCAR has been carrying out its activities in Turkey under the name of SOCAR Turkey Enerji A.S. since May 30, 2012.
FEEDBACK
Other news in this section
- 29.08.2023 [10:41]
Oil prices fall in world markets
- 29.08.2023 [10:34]
Azerbaijani oil price sells for $88.56
- 28.08.2023 [16:41]
Shah Deniz celebrates 200 billion cubic metres of total gas production
- 28.08.2023 [10:49]
Oil prices rise in world markets
- 26.08.2023 [10:53]
Azerbaijani oil price exceeds $88
- 26.08.2023 [10:36]
Oil prices rise in world markets
- 25.08.2023 [11:00]
Azerbaijani oil price drops in world markets
- 25.08.2023 [10:21]
Oil prices rise in world markets
- 24.08.2023 [10:57]
Oil prices fall in world markets
Roma draws 1-1 against Juventus
- [11:32]
European Cup: Azerbaijani gymnast secures silver medal
- 05.05.2024 [22:17]
Baku Marathon-2024: Winners announced
- 05.05.2024 [16:29]
Сoncert organized to mark 20th anniversary of Heydar Aliyev Foundation
- 05.05.2024 [11:50]
"Baku Marathon 2024" kicks off
- 05.05.2024 [10:10]
Critically endangered bird spotted in northern Myanmar
- 04.05.2024 [21:24]
Azerbaijani FM meets with Turkish counterpart in Gambia
- 04.05.2024 [20:53]
Marc Jacobs to halt use of reptile and ostrich skins
- 04.05.2024 [19:56]
Azerbaijani and Cuban Gymnastics Federations sign MoU on cooperation
- 04.05.2024 [19:46]
ADB appeals to Azerbaijani President regarding COP29
- 04.05.2024 [18:26]
US economy adds 175K jobs in April, falling short of expectations
- 04.05.2024 [17:50]
Khankendi City Prosecutor’s Office to be established – ORDER
- 04.05.2024 [17:25]
Chinese shooter triumphs at ISSF Baku World Cup 2024
- 04.05.2024 [17:13]
Spain to scrap its national bullfighting prize
- 04.05.2024 [17:01]
Organizing Committee regarding COP29 convenes third meeting
- 04.05.2024 [16:47]
Magnitude 3.1 quake hits Azerbaijan’s Tovuz district
- 04.05.2024 [16:06]
® Bakcell unveiled its new innovative store on Fountain Square!
- 04.05.2024 [14:21]
Nigeria gunmen kill 25 in raids on northwest villages
- 04.05.2024 [14:14]
bp opens new laboratory at Baku Engineering University
- 04.05.2024 [14:13]
33 injured in bus accident in eastern Sri Lanka
- 04.05.2024 [12:34]
Poisonous clouds hands over Berlin after chemical factory blaze
- 04.05.2024 [12:19]
World Orienteering Championships 2029 awarded to Sweden
- 04.05.2024 [11:52]
Baku hosts inauguration of European Cup in Rhythmic Gymnastics VIDEO
- 04.05.2024 [11:43]
Azerbaijani oil price declines in global markets
- 04.05.2024 [11:38]
Nine Azerbaijani wrestlers to compete at World Olympic Qualifier in Istanbul
- 04.05.2024 [11:29]
Norwegian travelers familiarize themselves with Khudafarin Bridge VIDEO
- 04.05.2024 [11:28]
Oil prices fall in global markets
- 04.05.2024 [10:58]
Permanent representatives to UN invited to COP29
- 04.05.2024 [10:26]
Türkiye's Bayraktar TB3 UAV breaks altitude record
- 03.05.2024 [21:51]
Baku hosts “Team Europe Initiative on Mine Action in Azerbaijan” event
- 03.05.2024 [21:41]
Baku hosts 31st meeting of CIS Information Council VIDEO
- 03.05.2024 [20:28]
10 killed in bomb explosion in eastern DRC
- 03.05.2024 [19:29]